Energy and petrochemical companies should take a longer-term view in their business strategies, rather than focus on “next quarter’s profitability,” says H.E. Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources of Saudi Arabia. Al-Naimi was speaking in an opening keynote address to the fourth Gulf Petrochemicals and Chemicals Association (GPCA) Annual Forum, which opened yesterday in Dubai and is being attended by more than 1,000 delegates from around the world. Al-Naimi also announced that several initiatives to provide...